worldtradex Review 2025 Minimum Deposit, Platform & More

The platform grants access to a wide range of forex pairs, including major, minor, and exotic currencies, enabling traders to capitalize on global market movements. In addition to forex, worldtradex offers a variety of commodities, including popular options like gold, silver, and oil, which are ideal for those seeking to hedge or invest in physical assets. Furthermore, the platform supports major cryptocurrencies, offering modern trading opportunities for digital asset enthusiasts.

If an important news event occurs, such as a key economic data release, the EUR/USD dealing spread can widen considerably depending on how much market volatility the event causes. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the ECN XL account. Here is a screenshot of the worldtradex quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.

worldtradex Regulatory Overview

worldtradex now offers trading in currency pairs, commodities, indices and cryptocurrencies. Perhaps because trading CFDs is not the same as trading the stocks themselves, it is much more risky. But what this broker has is debugged in work, like the most accurate mechanism.

Is worldtradex an ECN broker?

This program creates a mutually beneficial arrangement, encouraging traders to share their positive experiences and expand the worldtradex community. The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades. worldtradex’s Price Aggregator automatically scans the market for the best bid/offer price combinations, thereby ensuring you get the most competitive and transparent executions for your trades. Keep reading our worldtradex review to find out if this broker would be appropriate for your needs. worldtradex is good for day trading thanks to its very tight spreads in the ECN account, leverage trading opportunities, and access to the fast and dependable MetaTrader 4 platform. One of this platform’s biggest advantages is its support for automated trading via Expert Advisors (EAs), which have long been favored by algorithmic traders and which we feel are yet to be surpassed.

worldtradex Desktop MetaTrader 5 Platform

On the downside, worldtradex supports accounts in just a few currencies (USD, EUR, GBP), with USD only for wire transfers. As a comparison, Fusion Markets offers 10 deposit currencies, which can help prevent the need for often costly conversions. To be fair, my first impression of this broker was “lol, this broker is so outdated and the user interface is quite old”. 😂 Anyway, I joined them because their reputation speaks for themselves.Nonetheless, I was really surprised when I found out that it’s possible to trade crypto currencies here. I would have never guessed that this old broker would be able to provide crypto pairs for trading. The worldtradex brand is authorized and regulated in multiple jurisdictions worldwide.

• Additionally, worldtradex holds licenses in multiple jurisdictions, providing a significant level of oversight and protection for traders.
• Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive.
• They have been running the business for over 14 years, so it seems they managed to add a lot of instruments for all this time.
• Instead, you can select a professional trader with a solid track record and start copying trades in return for a small commission to the manager.
• What is also great, worldtradex used technology to provide efficient and transparent pricing with the most possible low spreads.
• This works extremely well with MT4’s expert advisors for automated trading, and I frequently make use of it when trading on worldtradex.
• Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing.

Is worldtradex regulated?

worldtradex works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker. Still, worldtradex has done well by providing an attractive, affordable and simple account option for day traders who will appreciate having no trading restrictions or minimum deposit requirements. The worldtradex ECN XL Account comes fully packed with all the features that can be expected from an ECN/STP Broker. This includes multiple available markets, access to scalping, commission-free trading, and no required minimum deposit. Yes, our worldtradex review found that the broker is regulated https://worldtradex.pro/ by the FCA, BaFin, and CySEC.

Customer Service:

• By continuously updating its security protocols, worldtradex guarantees a secure trading environment for all its users.
• Processing times for withdrawals via cryptocurrencies and e-wallets typically range from 1 to 24 hours, while card withdrawals might take several business days, and PayPal withdrawals are processed within 48 hours.
• Professional traders and asset managers with many accounts want solutions that make managing several accounts straightforward and secure.
• Being an offshore zones, they do not define strict obligations to its financial registered firms, which may be a risky investment in case the firm is only based there.
• worldtradex is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs.

Alike European regulation is way more strict and applies various rules, which apart from the segregation of the clients’ funds at all times, management and control of each type of risk complies to a number of rules. On the flip side, the range of instruments is strictly limited to forex and CFD, the education section is relatively poor, and the support is only 24/5. Also, conditions for online trading might vary depending on the jurisdiction. On top of that, the broker provides only the MT4 platform and no other alternatives. worldtradex is nice broker and they helped me a lot during my adaptation process. Their customer service indeed cares about the comfortability of clients.

It may not be the best choice for those seeking a wide variety of instruments or advanced trading platforms beyond MT4. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters.

The worldtradex MetaTrader 4 (MT4) desktop platform offers quality trading experience characterized by its reliability and advanced features. The platform showed seamless trade execution across several asset classes, including FX, CFDs, and cryptocurrencies, during testing. The user-friendly interface let for speedy trade placements and effective market data navigation.

For traders looking for a safe trading environment, worldtradex is positioned as a consistent option by this mix of control, defensive actions, and financial transparency. Still, I feel that worldtradex could become a more attractive forex broker by expanding the range of tools it supports. One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers. worldtradex’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so worldtradex is behind the competition here. I am happy with the selection of fee-free funding methods accepted by worldtradex, which supports Visa/Mastercard, bank wire transfers, cryptocurrency and four e-wallets – Skrill, Neteller, EeziePay and AWEpay.

Further improving the broker’s cost-effectiveness without deposit or account maintenance fees. worldtradex is a reliable and well-regulated broker that focuses on providing transparent and cost-effective trading conditions. Its ECN/STP execution model and competitive pricing make it appealing to both retail and professional traders. While the platform options and asset variety are somewhat limited, worldtradex compensates with its robust regulation, free VPS hosting, and user-friendly environment. Another bonus for us is the $0 minimum deposit and 0.01 minimum lot size, which makes worldtradex more accessible than forex brokers such as Plus500 and AvaTrade, both requiring a minimum deposit of $100. Yes, worldtradex is regulated by reputable financial authorities, including the Australian Securities and Investments Commission (ASIC) and the Financial Services Authority (FSA) of St. Vincent and the Grenadines.